In simple terms and round numbers:
214,000 t Li2O
@ 93% mining recovery = 199,000 t Li2O extracted for processing
@ 75% processing recovery = 149,000 t
@ 6% spod concentrate = 2,488,000 t concentrate
...and yes, pricing and costs will change over time, but assume just for a second that the margin is USD400/t, that = about $1b profit (USD).
...and yes I know resources don't equal reserves etc... but the point is, this is serious.
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In simple terms and round numbers:214,000 t Li2O @ 93% mining...
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